Premier Energy Plc · BVB:PE
Premier Energy — FY2025 Earnings Presentation
23 slides from Premier Energy's earnings presentation, 2026
Slide 1: Earnings Call – 2025 Preliminary Results
Earnings Call – 2025 Preliminary Results
Slide 2: Disclaimer
Disclaimer This presentation is not, and nothing in it should be construed as, an offer, invitation or recommendation in respect of shares issued by Premier Energy PLC (“PE”), or an offer, invitation or recommendation to sell, or a solicitation of an offer to buy Premier Energy PLC shares or other f
Slide 3: Welcome to PE's Preliminary results 2025 Earnings Call
W e lc o m e t o PE’ s Pr e lim in a r y r e su lt s 2 0 2 5 Ea r n in g s Ca ll Jo sé G a r za t eterS toh r Zu za n n a Ku r e k CEO, CFO, Moderator | IRO Premier Energy Group Premier Energy Group Premier Energy Group
Slide 4: Agenda
Premier Energy’s, Solar Park, Budesti, Chisinau, Republic of Moldova Agenda ➢ Opening remarks ➢ Financial highlights ➢ Segment overview ➢ Q&A session
Slide 5: Opening remarks
Premier Energy’s 63 MW solar park with 20 MWh of battery capacity in construction in Buzau County, Romania Opening remarks by José Garza
Slide 6: Vertically integrated and diversified business model
Electricity production from owned renewable and Premier Energy’s flexibility sources (370 MW of production capacity #1 distributor of electricity in Moldova and #3 distributor of vertically in Romania, Hungary and Moldova, including the 158 MW recently acquired in Hungary) natural gas in Romania int
Slide 7: Strong operational growth driven by strategic acquisitions and expansions
Strong operational growth driven by strategic acquisitions and expansions, well reflected in 2025 preliminary results 12M PRELIMINARY 2025 RESULTS HIGHLIGHTS +33% increase in Group normalized revenues, to EUR 1,672.8 million +97% growth -5% clients +10% growth +33% YoY increase in own renewables pro
Slide 8: PE Group continues to execute its strategy by expanding renewable assets, entering Hungary and investing in BESS
PE Group continues to execute its strategy by expanding renewable assets, entering Hungary and investing in BESS
Slide 9: Financial highlights
The 158 MW wind park in Hungary comprised of 79 wind turbines that Premier Energy acquired Financial highlights by Peter Stohr
Slide 10: 2025 preliminary income statement overview
2025 preliminary income statement overview € in mil. 2025 2024 Δ% • Normalized revenue growth of 33% reflects the continued growth of the Group, paired with the effectiveness of the diversified business approach. Revenue 1,715.3 1,214.1 41% Normalized Revenue 1,672.8 1,255.9 33% • Normalized EBITDA
Slide 11: EBITDA Normalization reflects tariff deviation differences in Moldova
Tariff deviation differences in the past few years have been driven by underlying energy market price fluctuations EBITDA Normalization reflects tariff deviation Lower than anticipated energy prices in 2020, 2023 and 2025 caused the business to differences in the regulated businesses in Moldova outp
Slide 12: Significant intraday price volatility persists
Significant intraday price volatility persists (new reality); although the average price declined relative to last year, the proportional spread between the daily low and high decreased in 4Q Q4 2019 Q4 2024 Q4 2025 Day ahead price average for 3 months | RON/MWh +126% 1.200 1.000 800 +75% 600 400 20
Slide 13: Balance sheet overview
Total assets: grew by 11% YoY driven by a 5% YoY rise in non- Balance sheet overview current assets fuelled by strategic investments in distribution networks in Romania and Moldova and new renewable assets developments Dec-25 Dec-24 Δ% Current assets: rose by 19% which primarily relates to an increa
Slide 14: Net debt illustrative analysis
Net debt illustrative analysis ➢ Assuming the full Impact of Gov't Pro Forma Impact of Pro Forma Debt in PF Gov't repayment of the due from (€ in millions) Repayments Gov't Natural Gas Gov't Repay. Develop- Repay. + Gas + the government support scheme, the Group’s net Dec-25 on Electricity (a) Repay
Slide 15: Segment overview
The 158 MW wind park in Hungary comprised of 79 wind turbines that Premier Energy acquired Segment overview by Peter Stohr
Slide 16: Production segment bolstered by organic and inorganic growth
Production segment bolstered by both organic and un-organic growth, though facing challenges from lower wind production Revenues Portfolio of renewables EUR m. Capacity MW 1 1.793 ➢ Renewable production from owned plants +98% 212 increased by 112%, driven in part by the 68 329 1.444 newly acquired w
Slide 17: Electricity & gas distribution segment remains stable as expected
Electricity & gas distribution segment remains stable as expected Normalized revenues(1) Electricity distribution points Electricity RAB EUR m. # ths. USD m. WACC 9.73% ➢ The electricity and gas distribution +6% +1% segment generated a 6% YoY increase in normalized revenues (adjusted for tariff 128
Slide 18: Supply segment performed well, however competitive pressure is increasing
The electricity and gas Supply segment performed well, however competitive pressure is increasing Normalized revenues(1) Electricity supplied Gas supplied EUR m. TWh(2) TWh ➢ Segment performance affected by the acquisition of Premier Energy Furnizare in +34% April 2024 +10% -11% 1.477 ➢ 2025 normali
Slide 19: Alive Capital Transaction
Premier Energy’s 63 MW solar park with 20 MWh of battery capacity in construction in Buzau County, Romania Alive Capital Transaction
Slide 20: Alive Capital Transaction Overview
Alive Capital Transaction Overview Description of the transaction • Premier Energy to receive the minority stakes it does not already own in 6 of its renewable plants and a supply Premier business Energy’s in Hungary, and up to €8 million in cash (see details on next slide) vertically • Premier Ener
Slide 21: Alive Capital Transaction Detail
Alive Capital Transaction Detail ALIVE CAPITAL Transaction Portfolio Impact Production Battery storage Previous New ownershipPremier Energy’s Asset Type capacity (MW) capacity (MWh) ownership vertically ACQUISITIONS: integrated and Ecoenergia Wind 35 80% 100% diversified Enex Nalbant Renewable Wind
Slide 22: Q&A
Premier Energy dispatch centre in the Republic of Moldova – ensuring real-time monitoring and efficient management of the electricity distribution Q&A
Slide 23: Thank you for joining us today!
Thank you for joining us today! • Premier Energy’s consolidated FY 2025 results are available for download on our website, www.premierenergygroup.eu • The recording of this conference call will be available on our website shortly. • For any questions related to our activity, please do not hesitate t